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The changes have been made by the Department of Financial Services under the finance ministry by amending Life Insurance Corporation of India (Employees) Pension (Amendment) Rules. Besides, some other rules under LIC Act, 1956, have been amended. (PTI Photo)

LIC IPO unlikely to take place this fiscal due to delay in valuation

Once listed, LIC is likely to become one of the biggest domestic companies with an estimated valuation of Rs 8-10 lakh...

19 Dec 2021 1:08 PM IST

The LIC IPO would be the biggest IPO in the history of Indian stock market. (Photo: PTI)

Sebi approves LIC draft papers; clears decks for mega IPO

The IPO is offer for sale (OFS) by Government of India and there will be no fresh issue of shares by LIC

9 March 2022 2:47 PM IST

The LIC IPO was expected to hit the market this month. (Photo: PTI)

Ukraine crisis: Govt may defer LIC IPO

The government was expecting to garner Rs 63,000 crore by selling 5 per cent stake in the life insurance firm

2 March 2022 3:58 PM IST

Life Insurance Corporation

Retail investors can invest Rs 2L

Out of the 22.13 crore shares that will be offered for sale, LIC will reserve nearly 2.21 crore, or 10 percent, for...

28 April 2022 1:23 AM IST